Home-region focus and performance of family firms: The role of family vs non-family leaders

被引:163
|
作者
Banalieva, Elitsa R. [1 ]
Eddleston, Kimberly A. [1 ]
机构
[1] Northeastern Univ, Coll Business Adm, Int Business & Strategy Grp, Boston, MA 02115 USA
关键词
family firms; regional/global geographic scope; family leadership; performance; agency theory; stewardship theory; PROFESSIONAL MANAGEMENT; GLOBAL STRATEGIES; GEOGRAPHIC SCOPE; OWNERSHIP; PERSPECTIVE; BUSINESSES; IMPACT; DIVERSIFICATION; STEWARDSHIP; INVOLVEMENT;
D O I
10.1057/jibs.2011.28
中图分类号
F [经济];
学科分类号
02 ;
摘要
Do family firms benefit more from a regional or a global geographic scope? We suggest it depends on their family leadership type - family vs non-family leadership. We offer a nuanced view of agency and stewardship theories to hypothesize that family leaders are most beneficial when pursuing a regional strategy (i.e., high home-region focus (HRF)), whereas non-family leaders are more advantageous when pursing a global strategy (i.e., low HRF). Utilizing a sample of 202 Western European firms from 1996 to 2006, we find support for this central hypothesis. Thus family leadership influences the degree to which family firms benefit from HRF. Journal of International Business Studies (2011) 42, 1060-1072. doi:10.1057/jibs.2011.28
引用
收藏
页码:1060 / 1072
页数:13
相关论文
共 50 条
  • [1] Home-region focus and performance of family firms: The role of family vs non-family leaders
    Elitsa R Banalieva
    Kimberly A Eddleston
    Journal of International Business Studies, 2011, 42 : 1060 - 1072
  • [2] Ownership structure and acquirers performance: Family vs. non-family firms
    Bouzgarrou, Houssam
    Navatte, Patrick
    INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2013, 27 : 123 - 134
  • [3] Are female leaders more efficient in family firms than in non-family firms?
    Bjuggren, Per-Olof
    Nordstrom, Louise
    Palmberg, Johanna
    CORPORATE GOVERNANCE-THE INTERNATIONAL JOURNAL OF BUSINESS IN SOCIETY, 2018, 18 (02): : 185 - 205
  • [4] The effect on the performance of listed family and non-family firms
    Simoes Vieira, Elisabete F.
    MANAGERIAL FINANCE, 2014, 40 (03) : 234 - 253
  • [5] Board independence and information asymmetry: family firms vs non-family firms
    Wu, Kean
    Sorensen, Susan
    Sun, Li
    ASIAN REVIEW OF ACCOUNTING, 2019, 27 (03) : 329 - 349
  • [6] Are Family Firms More Levered? An Analysis of Family and Non-Family Firms
    Haider, Jahanzaib
    Qayyum, Abdul
    Zainudin, Zalina
    SAGE OPEN, 2021, 11 (02):
  • [7] The accounting performance of listed family firms vs. non-family firms: a systematic review of empirical studies
    Heino, Noora
    Tuominen, Pasi
    Tuominen, Terhi
    INTERNATIONAL JOURNAL OF ENTREPRENEURIAL VENTURING, 2019, 11 (02) : 103 - 141
  • [8] Family and non-family sources of knowledge diversity in family firms: The role of causation logics
    Randolph, Robert, V
    Fang, Hanqing Chevy
    Memili, Esra
    Nayir, Dilek Zamantili
    INTERNATIONAL SMALL BUSINESS JOURNAL-RESEARCHING ENTREPRENEURSHIP, 2021, 39 (01): : 64 - 85
  • [9] The role of employee incentive pay in the competitiveness of family and non-family firms
    Mirella Damiani
    Fabrizio Pompei
    Andrea Ricci
    Economia Politica, 2019, 36 : 805 - 839
  • [10] Family and non-family priorities in family firms: Preliminary evidence
    Chua, JH
    Chrisman, JJ
    Sharma, P
    INNOVATION AND ENTREPRENEURSHIP IN WESTERN CANADA: FROM FAMILY BUSINESSES TO MULTINATIONALS, 2002, : 299 - 320